The news about Reekado Banks, real name Ayoleyi Hanniel Solomon not being rewarded handsomely by Mavin Records has been the talk of many internet users.
It was alleged that the label gets the bulk of the money you make through shows, endorsements etc, and that only a meager amount gets to him.
Banks denies this saying; if Mavin is taking majority of the money, how come I was able to build my mom a house and I’m building a school? I also drive nice cars. It is business, and we knew what we were getting into by signing the contract with Mavin. If I wasn’t comfortable with it, I wouldn’t have signed it.
He has denied that there is some sort of rivalry between him, Korede Bello and Di’ja;
Moreover, there is no form of hostility among us and we see each other frequently, we only have healthy competition.
Every one of us is constantly trying to record the best song, and it’s not just between me, Korede and Di’ja. It’s the same with the whole Mavin crew.
Don Jazzy, Altims and Baby Fresh are always trying to produce the best albums.
All the Mavins Crew also work hard to put out hit records to a very large extent, that is even one of the things pushing the label.